Archive for March 5th, 2008

I Swear…

Wednesday, March 5th, 2008

Swearing is a way of life in these United States.

When you’re called to testify in court – you’re sworn in: Do you promise to tell the truth, the whole truth, and nothing but the truth?

If you refuse, you’re held in contempt of court. They’ll throw you in jail.

Before you file your Federal income tax returns you must sign: under the penalty of perjury.

If you refuse, you’re held in complete contempt. They’ll throw you in jail and take every thing you own.

When you apply for a credit card, you’re required to “sign” the application signifying you agree to all the alleged terms.

If you don’t, they won’t give you the card.

We are led to believe that our honesty is based on our willingness to swear. If you’re not willing to swear to something, you must have something to hide.

Its not uncommon to hear people say: If they’re telling the truth they won’t mind swearing to it.

Or: A man’s signature is his bond.

Or: A man is only as good as his word.

So, why is it, when we ask the bankers to swear to the fact that they actually lend us money, they refuse?

That’s right. We ask the bankers to swear to the fact that they actually lend us the bank’s money.

We give them a document that is presentable for cash in the amount they allege we owe – all they have to do to collect is swear that they actually lent us that amount.

Seems like an agreement that any “honest” banker would jump at. Tell the truth and get paid.

But none do.

Wonder why?

Maybe some of those financial geniuses that think our ideas are a little off base can give us an answer.